Cardano explodes 20% as crypto market cap eyes $2T

Following another dip below $45,000, bitcoin has bounced off and reclaimed $46,000. Most altcoins, though, have outperformed their leader. The most evident example comes from Cardano (ADA), which has surged by 20% in the past 24 hours.

The alternative coins’ performance has been rather impressive in the past several days. Ethereum is up by 30% on a weekly scale after it went through the London Hard Fork. In the past 24 hours alone, ETH went above $3,200 and spiked to a new multi-month high of over $3,240.

Further gain are evident from Dogecoin (3%), Polkadot (4%), Uniswap (2.5%), Solana (5%), Litecoin (4%), Bitcoin Cash (3.5%), and Chainlink (6%).

Binance Coin is also well in the green (9%) after new listings in the innovation zones. As a result, BNB has neared $400 for the first time in months.

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